I’ve Sign a Contract and Paid a Deposit for my Newly Built Condo But now the Builders aren’t Accepting the Price, What can I do?

I have signed a contract and paid a deposit to buy a new condo, which is finished, from the builder. The sales person gave discount on the price and everything is written in the contact. Now one of the sales person calls and tell me that the builders have not accepted the price, and they will give back the deposit money. What can i do? Read More …

Can a Developer Legally give Control to a Property Management Company?

I live in a Condo association in Pa. Our community is approx. 25% full and our condo documents state 2 members of the association should serve on the board at this time. Therefore the residents have elected 2 board members (one being myself). However when we have board meetings the developer (who supposedly is the other 75% of board) has no communication with us an never shows up at the board meetings. Instead the property management company is there in his place. They never let us decide anything, and they adhocly do what they want without even consulting us. Is there something I can do about this situation? Read More …

How to Deal with Possible Contract Fraud

The fact is that Mother was told she was signing over part of her pasture and that it had nothing to do with the House but in reality it is her 6 acres with all improvements. Is there anything my Mother can do to have this revoked? Can she sell her property or take out a government reversal loan? Mother also looked at the deed that was filed and stated it is not what she signed. Read More …

How to Handle Issues with a Mortgage Company and Refinancing

My problem is we were in the process of refinancing to a 30 year fixed mortgage. In the Good Faith Estimate there was no Yield Spread Premium listed at all. I get a call two days before we were to close stating that our current mortgage company said we signed a Prepayment penalty and we would need to come up with 000.00 more if we are to close. Anyway the current mortgage company said it would need 90 days or more to negotiate this prepayment to reduce it or do away with it. Now the new company said they will leave it open and we pay a higher interest rate and additional fees to leave it open or if we cancel it we need to pay the Yield Spread Premium of 700.00 in addition to the 75.00 application fee that we have already paid. The new mortgage company I was getting the fixed rate with changed the name on our insurance policy before the closing papers were signed. HELP PLEASE Read More …